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Showing 20 of 27 results by SimplyMargotL
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Board Bitcoin Discussion
Re: Bitcoin is a hedge against inflation in 2025?
by
SimplyMargotL
on 01/05/2025, 09:33:43 UTC
I saw the article on cointelegraph and my attention draws to it. You can ready the article yourself but which will be good for newbies after reading what I posted here:

https://cointelegraph.com/explained/is-bitcoin-a-hedge-against-inflation

What I like about the article is that it shows how not only retail investors are now investing in bitcoin but how institutions are also investing in bitcoin. With what we are seeing, more institutions are joining.

But I hate a part of the article and the conclusion but maybe it can be helpful for newbies. I do not know the reason they can not end it with despite the volatility in bitcoin, it is still a hedge against inflation after a long period of time. Their conclusion will only discourage some people to invest in bitcoin.

Do not let it be late because you will understand how bitcoin is a hedge against inflation in 2028 if you read what I posted today in 2028. Bitcoin is volatile but its price increase than fall after a long period of time.

It has a limited supply but a huge demand.

I saw the article too and I get what you mean. It's good that more big companies are now investing in bitcoin and not just regular people. That kind of shows it's being taken more seriously. I also didn't like how the article ended. They could've just said that even with the ups and downs, bitcoin still works as a hedge if you look at the bigger picture.
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Topic
Board Altcoin Discussion
Re: What is the actual purpose of AI coins?
by
SimplyMargotL
on 29/04/2025, 08:25:55 UTC
In past few months, I heard a lot about "AI coins" and I couldn't understand them correctly.
As far as I know, they are a very special form of utility token right? So what is their actual purpose? The holder can spend them on AI services? or they're just a way of finding investment or funds for AI projects? or both?
For specific projects (ChainGPT for example) I know that I can go with the whitepaper, but currently I just got a little confused about what makes them different from other utility tokens?

Regards.
M. H.

I've been curious about AI coins too! The way I get it, most AI coins are like small tokens you use on platforms that do neat AI things like checking out data, whipping up stuff like articles or running clever computer programs. You can pay for things on those platforms with the coins and they also help the project grow by getting more people to join. What makes them stand from other tokens is that they're all about AI and the fun things those platforms can do.
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Board Altcoin Discussion
Re: Could Elon Musk's D.O.G.E. affect Dogecoin market prices?
by
SimplyMargotL
on 24/03/2025, 10:36:40 UTC
I've been thinking about Elon Musk and this new DOGE thing and honestly, I don't see it shaking up Dogecoin all that much. Sure, it's wild that the acronym matches, classic Elon right? but I'm not convinced it's more than a funny coincidence. I mean, yeah, when he tweets or says something quirky, I've watched Dogecoin's price bounce around like crazy before. It's happened plenty of time and I've gotten that little rush wondering if I should jump in or cash out. But this? This feels different to me.

From what I can tell, any hype typing Elon's new gig to Dogecoin might give it a quick bump, investors can be so jumpy sometimes, but I don't think it'll stick long term. I've learned the hard way that the real deal with crypto, at least for me, comes down to stuff like how many people actually use it or what it's good for not just Elon's next big move. if I were you and feeling a bit antsy about it, I'd probably just keep an eye on the charts and see what people are saying online. I'm planning to do that myself, maybe scroll X a bit more that usual to catch the vibe.
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Board Altcoin Discussion
Re: Lesson learnt, secure your profits when market bull mode
by
SimplyMargotL
on 19/03/2025, 08:50:27 UTC
I have learnt a lesson: we must secure our profits during a bull run. We must have a goal about our holdings and need to set a target where we have to sell. Otherwise, like me, you may regret it later. I am holding a couple of major altcoins like Solana and Ethereum. A few days back when Trump launched his own token, SOL was pumped hard. It was nearly $300, but a couple of days ago it had dropped $117.

So the gap between the top price and the current price is a lot. That has driven me to think we should have a goal and sell when we reach our target. If I were sold in a top or near-top, then I could buy it again at a cheaper price. Also, I would have a handsome amount in profit. What do you think?

I've learned that having a solid plan to sell during a bull run is a must. I set some profit goals and stick to them so I don't kick myself when prices crash. Nailing the exact top is tough, but I like cashing out a bit as it climbs, that way, I lock in some wins and still have a shot at more. If it dips, I've got cash to scoop up more at a cheaper price. For me, It's all about mixing quick gains with holding on for the long haul.
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Board Mining
Re: Looking for info on solo solar mining
by
SimplyMargotL
on 17/03/2025, 07:42:43 UTC
I've been thinking about running a bitcoin mining setup with solar power but it is tough with just $2000 and 20 square feet to work with. I figured those big ASIC miners like the ones I've seen online need way more juice than a little solar setup can give me especially if I'm mining all by myself. I could maybe grab something like a S9 or S19 and hook it up with a battery to store some power but I'm not sure i'd make much money that way. Honestly, I'd love to make it work since I'm stuck with this tiny space and tight budget but it feels like I'd be squeezing every penny just to keep it running, I might need to dig into this more, maybe see if a smaller miner could still turn a bit of profit without eating up all my solar power.
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Board Bitcoin Discussion
Re: Why Bitcoiners should stay positive despite the current dip
by
SimplyMargotL
on 14/03/2025, 06:37:56 UTC
You don't have to need so many reasons for this. Bitcoiners shouldn't be worried about the current dip, and any dip for that matter, because it's just a matter of time before the price will recover.

If you're impatient, then Bitcoin isn't for you. If you're fearful, just try to look at the performance of Bitcoin in all of its history. That will somehow appease you. If you don't feel assured with that, then perhaps a little knowledge of the technology assures you. If not, then, again, Bitcoin might not be for you.

I've seen bitcoin's price bounce all over the place, up one day, down the next, but looking back, it always seems to pull through and climb higher over time. I guess that wild ride is just part of the deal. From what I've noticed, people who hang onto it for the long haul tend to come out smiling. If i am feeling jittery about it, I like digging into how it's done in the past or brushing up on the tech behind it, that usually calms me down. But honestly, if the ups and downs keep me awake at night, I'd probably think twice about jumping in. It's gotta feel right for me or it's just not worth the stress.
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Topic
Board Mining
Re: Will renewable mining dominate or will regulators crack down?
by
SimplyMargotL
on 13/03/2025, 07:23:55 UTC
Bitcoin mining has been criticized for its energy consumption but many operations are shifting to renewables. Will Bitcoin eventually become a net positive for the environment through sustainable mining or will regulators use energy concerns to justify stricter control and bans?

I've been thinking a lot about how bitcoin mining guzzles so much energy, it is kind of wild right? But I've noticed more miners are jumping on stuff like solar panels and water power which feels like a big win to me. I mean, if I were mining, i'd lobe knowing my setup could run on sunshine or rivers instead of just burning through power. It's cool because it might even help grow clean energy which I'm all about. Still, I get this vibe that regulators might not care, they could keep throwing tough rules at us, saying it's all about the energy thing. Honestly, I think bitcoin's future hinges on figuring out this balance. Like, if we can keep it green and play nice with the rules, I'd feel so much better about where it's headed.
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Board Bitcoin Discussion
Re: How to improve the stability of lives through BTC or others in Rural Areas!
by
SimplyMargotL
on 11/03/2025, 09:17:36 UTC
I really believe that if we've got the hang of this digital business world, we should step up and help others out. I love sharing what i've learned, tips, tricks, whatever, and guiding people in these groups. It's cool to see someone get it and run with it, you know? To me, that's what makes these communities awesome!
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Board Altcoin Discussion
Re: How to create own Solana token in 5 minutes
by
SimplyMargotL
on 10/03/2025, 04:44:38 UTC
This thing's got me worried, it is super sketchy. I can't find anything about how they keep it safe, check their code or even if the tokens are really free from control. Without someone double checking it, I feel like it's begging for scams or those sneaky rug pulls. Who's making sure the tokens won't glitch out or get hijacked by the platform later?
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Board Altcoin Discussion
Re: Bitcoin-backed credit cards. Would you swipe?
by
SimplyMargotL
on 07/03/2025, 09:15:23 UTC
I'm not sold on bitcoin backed credit card being all that great. It is true that spending BTC without selling sounds nice but I worry Avalon Labs might mess up on security or get tangled in rules making it a hassle to use. I'd rather just hold my bitcoin and skip the extra steps.
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Topic
Board Mining
Re: Private Mining Venture vs Strategic Mining Partnership
by
SimplyMargotL
on 06/03/2025, 06:15:59 UTC
if I want to pile up btc and keep it for the long haul, setting up my own mining gig sounds awesome because I'd control everything, costs, gear, all of it. But it takes a ton of know how, time, and cash. Teaming up with a mining crew that's already rolling could get going quicker and cheaper though it wouldn't call all the shots on stuff like energy bills. I love the idea of immersion cooling, it keeps things running smooth and lasts longer but it is pricey to start. With the real estate, you could hunt down cheap power and build something solid but starting with a partner might help you grow fast, just check with some pros on laws and taxes first.
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Topic
Board Mining
Re: Can someone here share Aleo mining experience?
by
SimplyMargotL
on 05/03/2025, 14:16:24 UTC
I look at asicprofit and it is showing that the daily profit was about $24.68. The profit was really good and I also like to know the opinion of others about this machine. I am also curious about the noise level for home mining.
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Topic
Board Bitcoin Discussion
Re: El Salvador, the failed experiment
by
SimplyMargotL
on 05/03/2025, 07:24:15 UTC
-snip-
So what's the lesson here? Maybe Bitcoin doesn't work at the State level. Yet by Trump's sayings we're going to see the same in the US with a sovereign fund in crypto...
I appreciate one thing, what I've said many times on the forum that people thought was an ugly disposition now materialises into reality, I don't know why people do not think and weigh things as they should be.

The economy is different from Bitcoin, but yes, if Bitcoin was bought in billions of dollars worth when it was at about $5, it would help any nation by now, because they would have made an insane amount of money from it. But what can Bitcoin bought at about $50,000 possibly do in a country's economy? This is simple economics and arithmetic.

Also, having an asset is different from having a good economy. The asset can only help instead of securing a loan but the economy is richer and deeper than that and if you get it all wrong, no amount of Bitcoin or national asset would help unless you get it right back.

If a country had bought bitcoin when it was cheap, it could have made a huge profit by now. But I also think an economy isn't just about holding assets, it is about policies, production and long term stability. Even if a nation owns bitcoin at $50k, it won't magically fix economic issues. Assets can help but if the foundation of the economy isn't strong, no amount of bitcoin will be a real solution.
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Topic
Board Mining
Re: Where do large mining companies send old ASICs?
by
SimplyMargotL
on 04/03/2025, 04:50:07 UTC
After the halving, many ASIC models will either become unprofitable or give very little profit. And in order for large companies to use all the power for maximum profit, they will turn off thousands of old ASIC models.
And what will happen to these ASICs next?
Will they be sold to other countries or disposed of?

If you want to buy a used ASIC now, don't do it. After halving there will be a big discount on such ASICs on the market.

Once halving cuts profits, many mining firms will sell or scrap older ASICs. Expect big discounts but also consider energy costs before buying. A cheap miner isn't always profitable.
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Board Mining (Altcoins)
Re: How to Solo Mine and setup Node
by
SimplyMargotL
on 03/03/2025, 07:12:39 UTC
Setting up solo mining means running your own full node, syncing the entire blockchain and directing your mining hardware to it. It is more complex than pool mining but it gives you full control over rewards.
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Board Bitcoin Discussion
Re: They need Bitcoin more than Bitcoin needs them.
by
SimplyMargotL
on 28/02/2025, 01:09:54 UTC
Even though governments and big companies can affect bitcoin, it doesn't rely on them to succeed. Bitcoin has kept growing despite challenges showing that its future depends on people's trust not any financial backing.
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Board Bitcoin Discussion
Re: Will Governments Become the Biggest BTC Whales?
by
SimplyMargotL
on 27/02/2025, 09:04:26 UTC
I've been thinking about how governments mining and holding bitcoin might mess things up. If they stack up big reserves, it feels like they could push the market around, maybe even tweak rules to suit themselves instead of us regular folks. Still, bitcoin's spread out all over the world, so I don't think one country could totally take over. it's a bit worrying, but not a total disaster yet.
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Board Bitcoin Discussion
Re: You may lose hope in other cryptocurrencies but not in bitcoin.
by
SimplyMargotL
on 27/02/2025, 03:13:25 UTC
Every bull run shows me why bitcoin's still the king of crypto. Dips? They're just chances to learn and get stronger, not freak out.
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Board Altcoin Discussion
Re: Monad Testnet not working
by
SimplyMargotL
on 26/02/2025, 03:57:46 UTC
The high activity probably means more people are testing monad which is a good sign but I'm also looking into alternative ways to get testnet tokens.
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Topic
Board Bitcoin Discussion
Re: They need Bitcoin more than Bitcoin needs them.
by
SimplyMargotL
on 26/02/2025, 03:43:15 UTC
Bitcoin has already shown it can grow without needing government or corporate support. It reached a $1 trillion market cap all on its own, providing its strength comes from the trust people have in it not from any external backing. As long as people believe in bitcoin, it will keep growing.